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MEDIA UPDATE (April 19, 2024)

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19-Apr-2024

Power

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” New Delhi : Indian Renewable Energy Development Agency Ltd (IREDA) has opened an office in GIFT City at Gandhinagar which will specialise in providing debt options denominated in foreign currencies to facilitate natural hedging and significantly reduce the financing costs for green hydrogen and renewable energy manufacturing projects, the Ministry of New and Renewable Energy said on Thursday.” : Sarkaritel.com

Avaada Energy bags 250 MW solar-wind hybrid project from NTPC tender

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New Delhi : Avaada Energy bags 250 MW solar-wind hybrid project from NTPC tender. : Economic Times

Thermax hopes to ride on steel, power and refining this year

New Delhi : Thermax hopes to ride on steel, power and refining this year. : Economic Times

Apple join hands with CleanMax to propel renewable energy expansion in India

New Delhi : Apple join hands with CleanMax to propel renewable energy expansion in India. : Economic Times

Power Mech Projects bags orders worth Rs 232 cr

New Delhi : Power Mech Projects bags orders worth Rs 232 cr. : Economic Times

IREDA opens new office in GIFT City to offer foreign currency loans for green projects

New Delhi : IREDA opens new office in GIFT City to offer foreign currency loans for green projects. : Economic Times

Juniper Green Energy wins 150 MW in NTPC’s 1 GW wind-solar hybrid tender

New Delhi : Juniper Green Energy announced this week that it has secured 150 MW in NTPC’s 1 GW hybrid tender under the fifth tranche. It secured the capacity at a tariff of INR 3.43 ($0.041) per kWh. : pv-magazine.com

ReNew, Japan’s JERA partner for green ammonia project in India

New Delhi : ReNew Energy Global (ReNew), a renewable energy company listed on NASDAQ, said on Thursday that it has signed an initial agreement with JERA, Japan’s largest power generation company, to jointly evaluate development of a green ammonia production project in India. : pv-magazine.com

ReNew partners with JERA for jointly developing green ammonia project in India

New Delhi : Renewable energy firm ReNew Energy Global plc on Thursday announced a collaboration with Japan’s power firm JERA to develop a green ammonia production project with 100,00-tonne capacity in India by 2030. : psuwatch.com

Premier Energies Secures 140 MW PV Modules Order In Bangladesh

New Delhi : Premier Energies Secures 140 MW PV Modules Order In Bangladesh. : saurenergy.com

MNRE Seeks Feedback on Guidelines for PM-Surya Ghar Rooftop Solar Program

New Delhi : MNRE Seeks Feedback on Guidelines for PM-Surya Ghar Rooftop Solar Program. : mercomindia.com

Protest at Adani port disrupts coal supply to RINL’s Vizag plant

New Delhi : Protest at Adani port disrupts coal supply to RINL’s Vizag plant. : Economic Times

Coal mine auction likely in May, 30 new blocks to be put on offer

New Delhi : Coal mine auction likely in May, 30 new blocks to be put on offer. : Economic Times

ISA joins hands with Bhutan to spur growth of solar energy in the Himalayan kingdom

New Delhi : ISA joins hands with Bhutan to spur growth of solar energy in the Himalayan kingdom. : Economic Times

India’s wind energy capacity to hit 122 GW by 2032 amid policy boosts

New Delhi : India’s wind energy capacity to hit 122 GW by 2032 amid policy boosts. : Economic Times

ReNew, JERA to jointly evaluate green ammonia projects in Odisha

New Delhi : Nasdaq-listed ReNew Energy Global plc signed an agreement with JERA Co., Japan’s power generation major, to jointly develop a green ammonia production facility in India. ReNew in a public statement said its subsidiary, ReNew E-Fuels Private Limited, and JERA will jointly evaluate the development of a green ammonia production project in Paradip, Odisha. : Business Standard

Avaada Energy inks refinancing deal worth Rs 4,471 crore with NaBFID

New Delhi : Avaada Energy on Thursday said it closed a refinancing deal of Rs 4,471 crore with National Bank for Financing Infrastructure and Development (NaBFID) for its four solar projects in Rajasthan. : Business Standard

ISA to help boost solar initiatives in Bhutan

New Delhi : A high-level delegation from the International Solar Alliance (ISA), led by its Director-General, Dr Ajay Mathur, is currently visiting Bhutan to further solidify solar energy initiatives in the nation. : pv-magazine.com

AMPIN Energy switches on 135 MWp solar project in Rajasthan

New Delhi : AMPIN Energy Transition has commissioned a 135 MWp solar project in the Indian state of Rajasthan. This is AMPIN’s second solar project in Rajasthan, a state where it is developing 1 GW of utility scale projects. : pv-magazine.com

India To Have 122GW Installed Wind Capacity By 2032: GWEC Report

New Delhi : India To Have 122GW Installed Wind Capacity By 2032: GWEC Report. : saurenergy.com

NTPC’s 1 GW Wind-solar Hybrid Auction

New Delhi : NTPC’s 1 GW Wind-solar Hybrid Auction. : mercomindia.com

Powergrid Wins Contracts to Evacuate 18 GW of Renewable Energy

New Delhi : Powergrid Wins Contracts to Evacuate 18 GW of Renewable Energy. : mercomindia.com

Power Mech Projects bags orders worth Rs 232 cr for coal, thermal plants

New Delhi : Power Mech Projects has bagged orders worth Rs 232.03 crore, including building of power house and balance of plant at a thermal project and coal handling plant. : Business Standard

Avaada Energy secures Rs 4,471 crore refinancing from lender Nabfid

New Delhi : Avaada Energy, the renewable energy arm of Avaada Group, announced on Thursday the successful closure of refinancing transactions worth Rs 4,471 crore ($535 million) from the state-owned lender, the National Bank for Financing Infrastructure and Development (Nabfid). : Business Standard

Oil and Gas


GAIL to commission its first green hydrogen project in April

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New Delhi : GAIL to commission its first green hydrogen project in April. : Economic Times

Oil inches up after U.S. reimposes Venezuela oil sanctions

New Delhi : Oil inches up after U.S. reimposes Venezuela oil sanctions. : Economic Times

BP overhauls leadership and streamlines operations to enhance business efficiency

New Delhi : BP overhauls leadership and streamlines operations to enhance business efficiency. : Economic Times

Oil will keep drawing strength from Middle East geopolitics, OPEC+ strategy for now

New Delhi : Oil will keep drawing strength from Middle East geopolitics, OPEC+ strategy for now. : Economic Times

India’s oil import bill hits $10.7 billion in March, up from $9.8 billion last year

New Delhi : India’s oil import bill hits $10.7 billion in March, up from $9.8 billion last year. : Economic Times

Exceeding target: Oil PSUs made a capex of ?1.28 lakh cr in FY24

New Delhi : State-run oil companies made a combined capital spending of ?1,28,000 crore in 2023-24, a fifth more than the capex target they had set at the beginning of the year and 12% more than the amount they spent the previous year. : Economic Times

Biofuels Firm GPS Renewables Raises $50 Milliion in Debt Financing

New Delhi : Biofuels Firm GPS Renewables Raises $50 Milliion in Debt Financing. : mercomindia.com

Thermax hopes to ride on steel, power and refining this year

New Delhi : Thermax hopes to ride on steel, power and refining this year. : Economic Times

Iraqi, US companies sign agreements to capture, burn gas for power

New Delhi : Iraqi, US companies sign agreements to capture, burn gas for power. : Economic Times

What the fresh march higher in oil means for world markets

New Delhi : Oil prices are up around 16% so far this year near $90 a barrel, with supply worries high given escalating Middle East tensions and tit-for-tat attacks on energy infrastructure between Ukraine and Russia. : Economic Times

IREDA’S GIFT CITY OFFICE TO BOOST GREEN HYDROGEN AND RENEWABLE ENERGY MANUFACTURING PROJECTS

New Delhi : IREDA’S GIFT CITY OFFICE TO BOOST GREEN HYDROGEN AND RENEWABLE ENERGY MANUFACTURING PROJECTS : globalgreenews.com

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On April 18

New Delhi : Petrol and Diesel Prices On April 18, 2024: Internationally, the price of crude is trading below $90 per barrel. This morning, Brent crude was trading at $87.44 per barrel. However, the fall in crude oil prices has had a minor impact on petrol and diesel prices. : news18.com

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